Rome Resources (RMR), the DRC-focused tin and base metals explorer, advised that it has engaged The MSA Group (Pty) Ltd to complete maiden Mineral Resource Estimates for its Bisie North project located in North Kivu Province, eastern DRC.
RMR said “”The geology is shaping up as we had hoped – with copper and zinc dominant near surface and tin strengthening at depth – confirming the zonation model we are targeting. This resource will be our first formal step in defining scale and value at Bisie North, and we plan to follow it with a further updates once assay results from our current deeper drilling campaign are available.”
Comment: Every announcement by RMR which distances the company from the recent conflict blighted news in DRC is a win, and should be given even more credit by the market than the 66% share price rise over the past month.
Cel AI (CLAI) announced it has raised gross proceeds of £250,000 at an issue price of 0.64p. Net proceeds will be used to fund ongoing operations and initiate the Company’s newly approved Bitcoin (“BTC”) Treasury Reserve Strategy.
Comment: Having hit our 0.6p initial technical target, it would appear that with the 250k now in the bank for the BTC strategy, we see the shares apparently heading for the next charting level as high as 1.3p plus by the end of this month while above the old target.
Westminster Group (WSG), a supplier of managed services and technology-based security solutions worldwide, provided an update on its recently announced multi-million £ contract regarding the provision of airport security services at 4 Airports in the Gabonese Republic (Gabon). The Company announced on 4 March 2025 that it had signed a 15+ year contract with the Gabonese Ministry of Transport to provide comprehensive ground security operations at three international airports and one domestic airport within Gabon.
Comment: Shares of WSG have taken some time to respond to the significant Gabon news. However, above 2p they are very much in recovery mode, and we have multi-year highs towards 4p to shoot for next.
Cordel Group (CRDL), the Artificial Intelligence platform for transport corridor analytics, announced a new 5 year term contract with one of the leading Class 1 freight railroads in the United States. The agreed full term base contract is for over US$3.7m and includes an additional US$3.8m provision for Cordel’s latest PTC Asset Management SaaS following its anticipated launch in July. Cordel will deliver its full suite of capture, processing and delivery of rail corridor data and insights.
Comment: CRDL is clearly very excited about the US update, something it clearly hopes will filter through to the share price, breaking through the key 8p resistance level.
Alkemy Capital Investments (ALK) and its wholly owned subsidiary, Tees Valley Lithium Limited, which is developing the UK’s flagship lithium hydroxide refinery project, reported on substantial progress with the Front-End Engineering Design (FEED) study. Improved project economics following updated financial model: project NPV (after tax, 10% discount rate) is now estimated at $764 million, with an IRR of 41% and a 3-year payback period, reflecting enhanced capacity, reduced operating costs, and strong long-term market fundamentals.
Comment: For anyone with $764m to spare, ALK’s project is actually a decent 3 year investment, and perhaps more so given the way that we are no longer in a bubble as far as lithium.
ME Group International (MEGP), the instant-service equipment group, announced an update on the Group’s trading for the six months ended 30 April 2025. The Group is pleased to report that record trading momentum has continued in the first half of the year, with Group profit before tax up approximately 14% (up approximately 17% at constant currency) and Group revenue up approximately 2% (up approximately 4% at constant currency1), driven by the strong continued performance in our laundry business. Excluding the H1 2024 contribution from SEMPA SAS, which was sold in May 2024, revenue in H1 2025 was up approximately 3.5% year-on-year.
Comment: Photo Me (old name) has been listed on the London Stock Exchange since 1962, so definitely a slow burn. By the way one can get a passport compliant photo via a phone app, but it is still fun using those 20th century booths.
Synergia Energy Ltd (SYN) announced the following update with respect to its Cambay PSC (WI: 50%), onshore India. Further to the Company’s 4 April 2025 announcement, Synergia’s joint venture partner, Selan Exploration, has now secured a drilling rig and related drilling services from DEEP Industries Limited to drill the first of three new wells under the $20 million work program on the Cambay PSC, where Synergia is fully carried by Selan in exchange for a 50% working interest in the Cambay PSC. Selan anticipates the drilling will commence in September 2025.
Comment: The SYN story has been so slow that it can be compared to that of the Hare and the Tortoise, except without the hare part. That said, we finally have a time runway for those who are still fans of the company and its prospects.
Cykel AI PLC (CYK) today announced the launch of Eve, an autonomous AI sales agent designed to revolutionize B2B sales operations and accelerate revenue growth. This addition to Cykel’s digital worker portfolio follows the successful deployment of Lucy (recruitment) and beta release of Samson (research), strengthening the Company’s position in the rapidly evolving AI agent ecosystem.
Comment: Given how irksome the Lucy concept was, it was quite a relief that CYK went for the a la mode BTC Treasury Strategy. Adding Eve to the mix is even more infuriating.
Incanthera plc (AQSE: INC), the Company focused on innovative technologies in dermatology and oncology, confirms that further to the announcement 22 May 2025, the Company has signed a business agreement with a global Direct To Customer marketing agency for the launch of Skin + CELL, its premium skin care range. Under the terms of the Agreement, the Agency will lead and execute the marketing strategy for Skin + CELL.
Comment: Although INC sorted itself out as far as its patent issue, the market has not really rewarded the company yet for getting back on its feet, especially in share price terms.
Empire Metals (EEE), the AIM-quoted and OTCQB-traded exploration and development company, announced the commencement of a major drilling campaign at the Pitfield Project in Western Australia. This programme will target high-grade titanium mineralisation within the in-situ weathered cap at the Thomas Prospect, with the objective of delivering a maiden JORC Compliant Mineral Resource Estimate. EEE said “This fully funded campaign, scheduled to run over the next four to five weeks, is the largest undertaken to date at Pitfield. With 164 holes planned over an 11 square kilometre area and to an average depth of 65 metres, this work is designed to deliver a globally significant Mineral Resource Estimate.”
Comment: Shares of EEE are already up over 50% so far this year, with likely an acceleration on the way, given the way that we are in the run up to major developments at the flagship Pitfield Project.
GreenRoc Strategic Materials (GROC), a company focused on the development of critical mineral projects in Greenland, announced that it has completed a subscription to raise a total of £450,000. GROC said “We are very pleased to have secured this substantial amount of capital, which will ensure that we can plan and conduct work which is essential to maintain momentum on our Amitsoq project. While we are pursuing discussions with public institutions, we wanted to add sufficient capital so that we can start making the necessary preparations to have the bulk sample collected.”
Comment: Given that it is an extended journey for GROC, it is pleasing to see the share price remain firm in the wake of today’s fundraise announcement.
Disclaimer & Declaration of Interest:
The information, investment views, and recommendations in this Zaks Traders Cafe interview are provided for general information purposes only. Nothing in this interview should be construed as a promotion or solicitation to buy or sell any financial product relating to any companies under discussion or referred to or to engage in or refrain from doing so or engage in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion.
